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Big Banc Split Corp T.BNK

Alternate Symbol(s):  T.BNK.PR.A

The investment objectives for the Preferred Shares are to provide their holders with fixed cumulative preferential monthly cash distributions in the amount of $0.05 per Preferred Share ($0.60 per annum or 6.0% per annum on the issue price of $10.00 per Preferred Share) until November 30, 2023 (the Maturity Date) and to return the original issue price of $10.00 to holders on the Maturity Date. The Company will invest on an approximately equally-weighted basis in Portfolio Shares of the following publicly traded Canadian banks: Bank of Montreal; Canadian Imperial Bank of Commerce; National Bank of Canada; Royal Bank of Canada; The Bank of Nova Scotia; and The Toronto-Dominion Bank. The Portfolio will generally be rebalanced on a quarterly basis, starting on September 30, 2020, so that as soon as practicable after each calendar quarter the Portfolio Shares will be held on an approximately equal weight basis.


TSX:BNK - Post by User

Bullboard Posts
Comment by Ahsanon Mar 28, 2012 9:40am
243 Views
Post# 19726809

RE: RE: RE: RE: Really do not

RE: RE: RE: RE: Really do not

matto plzz pay attention to the comments. 4.15-4.25 is what i said i bought. since i bought 15000 shares+. lets 5000 at 4.25, 5000 at 4.20, 5000 at 4.15. average 4.20. now i also said i sold at 4.15, 4.08 and last sell was 2900 at 3.99. sure i lost max 0.15 but man i got trading profit of almost 0.75 on bnk. that close to 12000. trust me i know what i am doing. when i am selling this i am taking into account that its going down more. so why keep it and lose my profit. if it does go up i can always buy it back since i have already sold it at higher prices. i wouldnt lose a thing.  

Bullboard Posts